AUSTIN—Atlanta-based Cortland Partners has entered the Austin market with the acquisition of City View Apartments, a 308-unit community near the CBD.
“Cortland is confident that Austin's meteoric rise will, in fact, continue,” Mike Altman, chief information officer at Cortland, told GlobeSt.com. “It is a celebrated place where millennials want to live and businesses are relocating.”
Cortland Partners has been seeking the right opportunity to expand its Texas portfolio in this market. The company currently has regional offices in both Dallas and Houston and owns ten apartment communities in the Dallas-Fort Worth area, six in Housto, and three in San Antonio.
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